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Dimitrov Corporation, a company that produces and sells a single product, has provided its contribution format income statement for July. Sales (7,600 units)$387,600 Variable expenses
Dimitrov Corporation, a company that produces and sells a single product, has provided its contribution format income statement for July.
Sales (7,600 units)$387,600 Variable expenses
235,600
Contribution margin152,000 Fixed expenses
103,500
Net operating income
$48,500
If the company sells 7,500 units, its net operating income should be closest to:
$47,979
$44,000
$46,500
$48,500
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